B of A Securities Maintains Buy on Lear, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy maintains a Buy rating on Lear (NYSE:LEA) but lowers the price target from $205 to $185.
July 22, 2024 | 5:11 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Lear but lowers the price target from $205 to $185, indicating a positive outlook with some caution.
The maintained Buy rating suggests continued confidence in Lear's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100